4/20: Unofficial cannabis holiday results in sales boost for local dispensaries
EUGENE, Ore. -- Marijuana dispensaries doubled their sales Friday as many residents in Eugene/Springfield celebrated the unofficial cannabis holiday, "4/20."
The general manager at Hush Dispensary, Breanna Haynes, said they reached their daily quota in just one hour of being open.
The unofficial cannabis holiday had customers out the door waiting to purchase marijuana products.
She told us they expected to quadruple sales Friday by running several specials.
“People are coming for flower specials, pre-roll specials, a bunch of concentrates, edibles, the whole nine yards, and we are doing a bunch of raffles and giveaways today too,” Haynes said.
Licensed dispensaries pay 17 percent of their revenue to the state and up to 3 percent to the county they're located in.
Taxes are paid to the Oregon Department of Revenue and then distributed to six different state agencies.
“The school fund receives 40 percent; the mental health, alcoholism, and drug services account receives 20 percent; Oregon State Police receives 15 percent; OHA receives 5 percent for drug treatment; and cities and counties receive 10 percent each,” said Communications Operations Manager Joy Krawczyk with Oregon Department of Revenue.
Since the collection of tax revenue from marijuana sales started in 2016, the state has distributed more than $127 million to the six different agencies.
Oregon Department of Revenue distributes the tax money every quarter. The first distributions were made last year.